BTCUSD 15 min chart: Quick update on Subminuette waves. Flat correction.
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9y
Ok folks,
Here is the yesterday sketch with the chart movement of today:
Looks like that we see the flat correction or the extended wave v:
FLAT:
Extension:
Both scenarios reflect the strength of the bulls. We have not even touched the $9 500. I feel skeptical in such situations, but that is bitcoin and here is the parallel channel:
My idea is to set up the target of $11 600 with a stop loss on $9 500. Not forgetting about the money management
Stay tuned!